Thomson's manual of Pacific Northwest finance

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Monograph

Identifikator:: 1838857176

URN:: urn:nbn:de:zbw-retromon-229226

Document type:: Monograph

Title:: Thomson's manual of Pacific Northwest finance

Place of publication:: Seattle

Publisher:: Thomson's Statistical Service

Year of publication:: 1930

Scope:: XXX, 487 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Section V. Pulp and paper companies

Collection:: Economics Books

PULP AND PAPER COMPANIES CALIFORNA-OREGON PAPER MILLS GENERAL OFFICE: 55th and Alameda Sts., l.os Angeles. CONTROL: Columbia River Paper Mills, Portland, Ore. owns entire capital stock. HISTORY: Incorporated under laws of California. BUSINESS: Manufactures high-grade krafts, tissues, wax paper and fruit wrap- pers. PROPERTY: Mill located at Los Angeles, Calif.,, with daily capacity 40,000 pounds. Company. Owns 50 million feet standing timber in Washington. Com- pany owns 37% of Columbia River Paper Mills, Vancouver, Wash. OFFICERS: F. W. l.eadbetter, Pres.; L.. H. White, Vice Pres. Treas. and Asst. secy.; A. 8S. Fleming, Vice Pres. Sec. and Asst. Treas.; L.. M. Hambric, Asst. Treas. DIRECTORS: F. W. Leadbetter, L.. H. White, V. P. Cole, J. W. Heaney, A. S. Fleming. CAPITALIZATION 1. 89% Preferred Stock..... 2 Common Stoclk Authorized Outstanding $284,500 $840,900 Iirst (Closed) Mortgay Gold Bonds ................................6w Retired to Jan. 2. 1930, $210,000 FYTTNDRD PORT - of Dee. 31, 1929 Due Authorized 1925-35 $350,000 Outstanding £140.000 Interest Payable: Jan. and July 1, by Equitable Trust Co., Portland, Ore. or Pacific Southwest Trust & Savings lank, Los Angeles, Calif. Principal Payable: $31,500 Jan. 1, 1925, to 1928, incl.; $32,000 on Jan. 1, 1929, to 1934, incl, and $12,000 on Jan. 1, 1935. Trustees: Kquitable Trust Co., Port- land, and Pacific Southwest Trust & savings Bank, Los Angeles. Registerable: As to principal only. Denominations: $1,000, $500, $100. Callable: In reverse numerical order m 30 days’ notice at 101. Sinking Fund: 1f dividends paid on Common stock. eaual amount must be deposited with trustee to redeem bonds other than regular serial requirements. Tax Status: Company pays 2% FFed- eral income tax. security: First mortgage on all the fixed assets, $150,000 capital stock of Tolumbia River Paper Mills deposited vith trustee. Company agrees to main- rain net quick assets equal to 1509 of ‘unded debt. Legnl Opinion by: McCamant & Thompson, Portland, Ore.; Schloss & Ackerman, San Francisco, for the bank- ars; Heaney, Price & Postal, South Dar- sara, Calif., for the company. Offered by: Freeman Smith & Camp. Jan. 1924, Priced according to ma- arity to vield 6 509 to 6.750. COLUMBIA RIVER PAPER MILLS GENERAL OFFICE: 500 Oregonian Bldg., Portland. Ore. CONTROL: Columbia River Paper Co., Portland. Ore, owns 95% of Common stock. HISTORY: Incorporated under laws of Washington, Jan. {, 1923. BUSINESS: Manufacture of newsprint and complete line of wrapping and fruit wrapping papers. PROPERTY AND PLANTS: 80-ton paper and sulphite mill located on l4-acre tract, with 1.200 feet of deep water frontage on the Columbia River, in the cen- tral waterfront section of Vancouver, Wash. Company owns and operates saw- mill, with 175,000 feet daily capacity, which supplies pulp and sulphite mills with raw material. OFFICERS: F. W. Leadbetter, Pres. & Gen. Mgr, Portland, Ore.; Wm. BB. Dullois, Vice Pres. J. J. Donovan, Secy., Vancouver, Wash.¢« A. S. Fleming, Treas. Port- land, Ore.; W. P. Donnelly, Asst. Secy., P. W. Morse, Pur. Agt., Vancouver, Wash. DIRECTORS: A. M. Cronin, Jr, Portland, Ore.: J. J. Donovan, Wm. B. DuBois, Vancouver, Wash.; A. S. Fleming, F. W. Leadbetter, Pittock Leadbetter. Port- land, Ore.; H. C. Lieser, Paul Morse, Vancouver, Wash.; R. H. Noves. H. G. Reed. Portland, Ore.; B. L.. Steeves. . GENERAL AUDITORS: Haskins & Sells, Portland, Ore. Fiseal Year Ends: Dec. 31. Annual Meeting: 4th Tues. in Jan Number of Emplovex: {00 APITALIZATION, As of Dee. 31, 1929 Par Value Authorized wens 3000 $750,000 .. $100 $2. 000.000 i. 8% CUMULATIVE Provisions: Has preference as to dividends up to 8% and as to assets up ro $100 in liquidation. Callable: At $105. Voting Power: None excent in event PREFERRED STOCK dividends are 2 years in arrears, when Preferred votes one vote per share. Dividends: Paid monthly, at rate of 89 per annum.

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